Exhibit (c)(ix)

C O N F I D E N T I A L DRAFT – Presentation Materials are Preliminary, Con f id e n tia l and Su b jec t t o F u r t h e r Re v ision s D I S C U S S I O N M A T E R I A L S Proje c t Temp est M A Y 2 0 2 4

C O N F I D E N T I A L DRAFT – Presentation Materials are Preliminary, Confidential and Subject to Further Revisions Disclai m er P R O J E C T T E M P E S T The information herein has been prepared by Lazard based upon information supplied by Thoughtworks Holding, Inc . (the “Company”) or publicly available information, and portions of the information herein may be based upon certain statements, estimates and forecasts provided by the Company with respect to the anticipated future performance of the Company . We have relied upon the accuracy and completeness of the foregoing information, and have not assumed any responsibility for any independent verification of such information or any independent valuation or appraisal of any of the assets or liabilities of the Company, or any other entity, or concerning solvency or fair value of the Company or any other entity . With respect to financial forecasts, we have assumed that they have been reasonably prepared on bases reflecting the best currently available estimates and judgments of management of the Company as to the future financial performance of the Company . We assume no responsibility for and express no view as to such forecasts or the assumptions on which they are based . The information set forth herein is based upon economic, monetary, market and other conditions as in effect on, and the information made available to us as of, the date hereof, unless indicated otherwise . These materials and the information contained herein are confidential and may not be disclosed publicly or made available to third parties without the prior written consent of Lazard ; provided, however, that you may disclose to any and all persons the U . S . federal income tax treatment and tax structure of the transaction described herein and the portions of these materials that relate to such tax treatment or structure . Lazard is acting as investment banker to the Special Committee of the Board of Directors of the Company, and will not be responsible for and will not provide any tax, accounting, actuarial, legal or other specialist advice .

DRAFT – Presentation Materials are Preliminary, Confidential and Subject to Further Revisions P R O J E C T T E M P E S T EPAM 5/9 Earnings Release and Market Impact ($ in millions except per share values unless otherwise stated) EPAM Systems lowered its FY2024 Revenue guidance, citing macroeconomic and geopolitical headwinds; shares fell 27% on the news EPAM Systems – Ǫ1’24 Earnings Select Management Commentary So u r c e : 1 Co m pa n y f ili ng s a n d F a c t S e t a s of 5 / 9 /2024. Previous guidance called for 1 - 4% Revenue growth in 2024 (2.5% midpoint) with negligible contribution from currency effects and a “minimal” contribution from acquisitions. Revised guidance calls for a 1.4% decline, or 2.0% on an organic, constant currency basis. Calculated as 5/9/2024 closing share price vs. 5/8/2024 closing share price. Calculated as 5/9/2024 implied EV / CY2024E EBITDA multiple vs. 5/8/2024 implied EV / CY2024E EBITDA multiple. 2 3  Revised FY’24 guidance down due to continued global volatility that led to “client demand not improving to the degree originally expected” as EPAM enters Ǫ2  Macro and geopolitical factors affecting both overall markets and IT services / digital transformation markets now expected to continue through 2024  Previously anticipated Revenue acceleration in second half of the year not expected to materialize  Revenue growth slowdown is requiring a rebalance of delivery platform towards lower cost locations  Lower utilization and ongoing pricing pressure will continue to negatively impact Gross Margin EPAM Systems – Ǫ 1 ’ 24 Earnings Results and Guidance vs . Consensus Comparison  EPAM reported Ǫ 1 Results, approximately in line with expectations for Revenue ( $ 1 , 165 m reported vs . $ 1 , 161 m analyst consensus) and beating expectations for Non - GAAP EBIT ( $ 174 m vs . $ 163 m consensus) and Non - GAAP EBIT margins ( 15 % vs . 14 % consensus)  Full year 2024 guidance was slightly lifted for Non - GAAP EBIT margins (new range of 15 . 0 - 15 . 5 % , up from 14 . 5 - 15 . 5 % ) but the downgrade to Revenue drove the market reaction  New full year Revenue growth guidance (at the midpoint) calls for a 2.0% decline vs. previous guidance of 2.5% growth 1  Midpoint of 2024 Revenue guidance is now $4,625m, 3.8% below analyst consensus of $4,807m prior to the earnings announcement 1 - Day Rea c t io n s : Thu 5/ 9 v s . W e d 5/ 8 E V / ’24 E EB ITDA ( x C h ang e) 3 Sh ar e Pri c e ( % C h ang e) 2 (4.7x) (27%) EPAM Systems (1.6x) (9%) Globant (0.6x) (5%) Endava (0.2x) (2%) Accenture (0.1x) (1%) Capgemini (0.1x) (1%) C ogniz a nt Tech (0.4x) (3%) Tempest 3

DRAFT – Presentation Materials are Preliminary, Confidential and Subject to Further Revisions 3 Ǫ 4’2 3 (F e b ruar y 27, 202 4) Tempest missed Ǫ4’23 consensus Revenue by 6% and Ǫ4’23 c on se ns u s A dj u st e d EBITD A by 55% Temp e st S t ock Price Update ($ p er s h a r e) P R O J E C T T E M P E S T Source: Co m pa n y f ili ng s a n d F a c t S e t a s of 5 / 9 /2024. Tempest Share Price Performance Since June 2023 1 . 50 2 . 50 3 . 50 4 . 50 5 . 50 6 . 50 7 . 50 $8.50 1 2 % % D e n o t e s s har e p ric e re ac t io n t o e arni n g s re l e as e (29%) (26%) +14% 3 1 Ǫ 2’2 3 (A u g u s t 8, 202 3) Tempest missed Ǫ2’23 consensus Revenue by 5% and c o n s e n s u s Adjus t e d E B ITDA b y 36% , a n d revi s e d C Y ’23 Rev e n u e a n d Adjus t e d E B ITDA g u id a n c e d ownwar d s b y 10 % a n d 41%, respectively 2 Ǫ 3’2 3 (No v e m b e r 7, 202 3) Tempest beat Ǫ3’23 consensus Revenue by 1% and consensus Adjus t e d E B ITDA b y 20 % a n d n a r r o w e d t h e FY’2 3 Rev e n u e guidance range, while revising FY’23 Adjusted EBITDA guidance d ownwar d s 3% Commentary 4 Ǫ 1’2 4 (M a y 7, 202 4) Tempest beat Ǫ1’24 consensus Revenue by 2% and missed Ǫ 1’2 4 c o n s e n s u s Adjus t e d E B ITDA b y 22% , a n d ra is e d t h e FY’24 Revenue guidance range, while maintaining the FY’24 Adjusted EBITDA Margin guidance range. Finally, it was announced that CEO Xiao Guo will step down and be replaced by Mike Sutcliff 4 +20% 4

DRAFT – Presentation Materials are Preliminary, Confidential and Subject to Further Revisions P R O J E C T T E M P E S T Preli m inary Valua tio n Su m mary ($ in billions except per share values unless otherwise stated) So u r c e : Note: Co m pa n y f ili ngs , W a l l St r ee t r e s e a r c h a n d F a c t S e t a s of 5 / 9 / 2024 . 1 Implied share prices based on Tempest’s balance sheet and FDSO as of 3 / 31 / 2024 . Assumes 2 acquisition of Watchful assets/talent announced 4 / 17 / 2024 is valued in line with $ 2 . 525 m 3 purchase price (including $ 1 . 25 m contingent consideration ; no valuation premium or discount t o p u r c h a s e p r i c e ) . A s of 3 / 31 / 2024. Applied to Tempest current/unaffected price (5/9/2024). Represents controlling shareholder final bid premia to unaffected share price prior to offer announcement or market rumors for minority stakes in public companies. I n put I mpl i e d S har e P ric e ($) I mpl i e d E V Co mm e n t ary Public C o m para bl e s E V / CY 2024E Ad ju s t e d EBITDA $92m $0. 9 – $1. 1  Based on EV/CY2024E Adjusted EBITDA multiples of global peers  Low: 9.5x (25 th percentile of global peers: 9.7x)  High: 12.5x (75 th percentile of global peers: 12.7x) E V / CY 2025E Ad ju s t e d EBITDA $155m $1. 3 – $1. 8  Based on EV/CY2025E Adjusted EBITDA multiples of global peers   Low: 8.5x (25 th percentile of global peers: 8.4x) High: 11.5x (75 th percentile of global peers: 11.6x) Precedent Tran s ac t io n s E V / L TM Ad ju s t e d EBITDA $83m 1 $0. 8 – $1. 4  Based on EV/LTM Adjusted EBITDA multiples of precedent comparable IT services transactions  L o w: 9 . 5 x ( Site l Gr o up/ S y k e s : 9 . 4x)  Hi gh : 17. 0 x (Ca p g e mini / iGat e : 17. 0x) D CF Tempest M anag e me n t Plan 5 - y e ar Plan $2. 2 – $3. 3  B as e d o n T e mpe s t M anag e me nt P l an  WACC of 11.5% – 16.5%, Terminal Value multiple of 9.5x – 12.5 x NTM Ad ju s t e d E B I T D A For R e f e ren c e Only E V / CY 2024E Ad j. E B I T D A (Consensus) $84m $0. 8 – $1. 1  Based on EV/CY2024E Adjusted EBITDA multiples of global peers (9 .5 x t o 12. 5 x as ab o v e ) E V / CY 2025E Adj. EB I T D A (Consensus) $125m $1 . 1 – $1 . 4  Based on EV/CY2025E Adjusted EBITDA multiples of global peers (8 .5 x t o 11. 5 x as ab o v e ) 52 - W ee k Trading Range $2.2 5 t o $8.24 $1. 0 – $3. 1  52 - W ee k Hi g h c l o s e o f $8.2 4 o n 5/ 31/ 23  52 - W ee k L o w c l o s e o f $2.2 5 o n 5/3/ 24 A n al yst Price Ta rg e t s $3.0 0 t o $6.00 $1. 2 – $2. 3   Wedbush Securities (5/7/24): Price target of $6.00 TD C o wen (5/ 7/ 24) : P ric e t arge t o f $3.00 Minority S quee z e - Outs Premia 37 % t o 78% $1. 6 – $2. 1  Based on premia paid in selected precedent minority transactions b y C o ntr o ll i n g S h a reh o l der  Low: 37% (25 th percentile); High: 78% (75 th percentile) 2,3 T e c h an d I T Services Premia 25 % t o 57% $1. 5 – $1. 8  Based on premia paid by Financial Sponsor acquirors in all - cash t e c h an d I T s e rvi c e s maj o rit y t ran s ac t io n s  Low: 25% (25 th percentile); High: 57% (75 th percentile) 2 $1.71 $2.48 $2.25 $3.00 $4.07 $2 . 46 $3 . 54 $8.24 $6.00 $5.29 $3.71 $4.66 $ 2 . 9 7 - C u rr e n t ( 5 / 9 / 2 4 ) $ 4 . 0 0 – A t l a s O f f e r ( 3 / 2 2 / 2 4 ) $1.92 $3.20 $1.69 $5 . 68 $2 . 72 $4.52 $3 . 49 $8.89 5

DRAFT – Presentation Materials are Preliminary, Confidential and Subject to Further Revisions P R O J E C T T E M P E S T So u r c e : 1 Tempest Management Plan, company filings and FactSet as of 5/9/2024. T em p e s t 5 2 - W ee k High of $8 . 2 4 o c c u rr e d on 5 / 31 / 2023. $8.00 $7.50 $7.00 $6.50 $6.00 $5.50 $5.00 $4.50 $4.00 $2.97 Pric e P er S hare 349.5 349.1 348.7 348.2 347.6 346.9 346.2 345.4 344.5 341.7 FDSO $2.8 $2.6 $2.4 $2.3 $2.1 $1.9 $1.7 $1.6 $1.4 $1.0 I mpli e d Equity V a l ue $3.0 $2.8 $2.7 $2.5 $2.3 $2.1 $2.0 $1.8 $1.6 $1.2 I mpli e d E nt e rpri s e Va l ue 2.7x 2.5x 2.4x 2.2x 2.0x 1.9x 1.7x 1.6x 1.4x 1.1x $1,127m CY’23A I mp l i ed EV / Revenue 2.9x 2.7x 2.6x 2.4x 2.2x 2.1x 1.9x 1.7x 1.5x 1.2x $1,037m CY’24E 2.6x 2.5x 2.3x 2.2x 2.0x 1.8x 1.7x 1.5x 1.4x 1.1x $1,152m CY’25E 27.1x 25.5x 23.9x 22.3x 20.7x 19.1x 17.5x 15.9x 14.3x 11.1x $112m CY’23A I mp l i ed EV / Adjus t ed EB I TD A 32.9x 30.9x 29.0x 27.1x 25.1x 23.2x 21.3x 19.4x 17.4x 13.5x $92m CY’24E 19.4x 18.3x 17.2x 16.0x 14.9x 13.7x 12.6x 11.4x 10.3x 8.0x $155m CY’25E 169% 153% 136% 119% 102% 85% 68% 52% 35% 0% % vs. Current as of 5/9/24 ($2.97) 201% 183% 164% 145% 126% 107% 88% 70% 51% 12% % v s . 1 - Mon t h V W A P as o f 5 / 9 / 2 4 ($2 . 65) 213% 193% 174% 154% 135% 115% 96% 76% 56% 16% % v s . 2 - Mon t h V W A P as o f 5 / 9 / 2 4 ($2 . 56) 175% 158% 140% 123% 106% 89% 72% 55% 37% 2% % v s . 3 - Mon t h V W A P as o f 5 / 9 / 2 4 ($2 . 91) (3%) (9%) (15%) (21%) (27%) (33%) (39%) (45%) (51%) (64%) % vs. 52 - Week High 1 as of 5/9/24 ($8.24) 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 P l u s : D ebt (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) L e ss : C a s h M e t r i c A n alysis at Various Pric e s ($ in billions except per share values or as otherwise stated) C urren t Price 5/9 At l as O f f e r 3 / 22 6

C O N F I D E N T I A L P R O J E C T T E M P E S T Appendix I

DRAFT – Presentation Materials are Preliminary, Confidential and Subject to Further Revisions P R O J E C T T E M P E S T Source: Wall Street research and FactSet as of 5/9/2024. Note: Tempest completed its IPO on September 15, 2021. 1 William Blair has stated “Market Perform” rating in recent research without naming a specific price target. 2 J.P. Morgan has withdrawn its price target in recent research. 3 Wolfe Research has not provided a price target to accompany recent “Peer Perform” rating. 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% $0 $5 $10 $15 $20 $25 $30 $35 $40 10/2021 12/2021 02/2022 04/2022 06/2022 08/2022 10/2022 12/2022 02/2023 04/2023 06/2023 08/2023 10/2023 12/2023 02/2024 04/2024 B uy H o l d S e l l Sh ar e P ric e Ta rg e t P r i c e P ric e P e r S hare P e rc e n t ag e o f B r o k e r R e c o mm e n dati o n s A s o f 5 / 9 / 24 Ta rg et P ric e Rating Firm Date $6.00 Buy 05/07/2024 5.00 Hold 05/07/2024 4.00 Hold 02/27/2024 3.40 Hold 05/07/2024 3.00 Hold 05/07/2024 – 1 Hold 05/07/2024 – 2 Buy 02/28/2024 – 3 Hold 02/27/2024 $6.00 High $3.00 Low $4.28 Mean $4.00 Median $2.97 Curr e n t S har e Pric e 34.7% % M edian A b o v e ( B el o w) Curr e n t Broker Target Prices and Recommendations ($ p er s h a r e) S u mm a r y of B r o k e r Tar g e t Price s a n d Re c om m e n d a t io n s B r o k e r Re c om m e n d a t io n s M o n t h ly Ev o lu t ion Since IPO I A P P E N D I X 8

DRAFT – Presentation Materials are Preliminary, Confidential and Subject to Further Revisions Comparable Compan i es A n alysis ($ i n b i ll i o n s ) E n t e r p r i s e V a l u e / P R O J E C T T E M P E S T Source: Company filings, Wall Street research and FactSet as of 5/9/2024. Not e : Y e a r s r e f e r t o c al e n da r y e a r s . 1 All EBITDA figures shown are Adjusted EBITDA presented on a like - for - like basis excluding stock - based compensation. 2 Organic revenue growth figures are shown where available. Value Value High Low Company D i g i t a l I T S e r v i c e s $10.8 $8.8 (42%) 0% E P A M S y s t e m s '24 – '25 '23 – '24 '22 – '23 25E 24E 23A/E 25E 24E 23A/E 25E 24E 23A/E 25E 24E 23A/E 6% 2% (3%) 18% 16% 18% 33% 31% 31% 9.7x 11.2x 10.6x 1.74x 1.85x 1.88x 19% 16% 11% 21% 20% 21% 38% 38% 38% 12.7 15.6 18.0 2.67 3.18 3.70 7.8 7.7 (31%) 26% Globant 17% (1%) 5% 22% 19% 19% 36% 32% 33% 6.8 9.4 8.9 1.49 1.79 1.72 1.6 1.9 (61%) 9% Endava 12% 0% 1% 20% 18% 19% 35% 31% 32% 8.2x 10.3x 9.7x 1.61x 1.82x 1.80x 25 t h P e r c e n t i l e 14% 6% 4% 20% 19% 19% 36% 34% 34% 9.7 12.1 12.5 1.96 2.27 2.43 Mean 17% 2% 5% 21% 19% 19% 36% 32% 33% 9.7 11.2 10.6 1.74 1.85 1.88 Median 18% 9% 8% 22% 20% 20% 37% 35% 36% 11.2 13.4 14.3 2.20 2.51 2.79 75 t h P e r c e n t i l e D i v e r s i f i e d I T S e r v i c e s 7% 3% 3% 22% 22% 22% 33% 33% 33% 12.3x 13.2x 13.8x 2.75x 2.94x 3.03x $195.6 $197.7 (21%) 14% Accenture 7% 1% 4% 16% 16% 16% 27% 27% 27% 9.7 10.5 10.8 1.58 1.69 1.71 41.6 39.4 (9%) 35% Capgemini 3% (1%) (1%) 20% 19% 19% 35% 34% 35% 8.0 8.7 8.8 1.59 1.65 1.65 31.9 33.5 (16%) 9% C o g n i za n t T e c h 5% 0% 1% 18% 18% 17% 30% 30% 30% 8.8x 9.6x 9.8x 1.59x 1.67x 1.68x 25 t h P e r c e n t i l e 6% 1% 2% 20% 19% 19% 31% 31% 31% 10.0 10.8 11.1 1.98 2.09 2.13 Mean 7% 1% 3% 20% 19% 19% 33% 33% 33% 9.7 10.5 10.8 1.59 1.69 1.71 Median 7% 2% 4% 21% 21% 20% 34% 34% 34% 11.0 11.9 12.3 2.17 2.32 2.37 75 t h P e r c e n t i l e 6% (0%) (0%) 18% 17% 18% 33% 31% 31% 8.4x 9.7x 9.3x 1.59x 1.71x 1.72x G l o b a l 25 t h P e r c . 10% 3% 3% 20% 19% 19% 34% 32% 33% 9.8 11.4 11.8 1.97 2.18 2.28 G l o b a l M ea n 7% 2% 4% 20% 19% 19% 34% 32% 33% 9.7 10.9 10.7 1.66 1.82 1.80 G l o b a l M e d i a n 15% 3% 5% 22% 20% 20% 36% 34% 34% 11.6 12.7 13.0 2.43 2.67 2.74 G l o b a l 75 t h P e r c . % C h . 5 2 W k . E q u i t y Enterprise Re v e nu e A d j. E B I T D A 1 G ro s s M a r g i n A d j. E B I T D A M a r g i n 1 Re v e nu e G ro w t h 2 I A P P E N D I X 9

DRAFT – Presentation Materials are Preliminary, Confidential and Subject to Further Revisions Comparable Precedent Transactions ($ i n mi ll i o n s un l e ss o t h e r w i s e s tated) P R O J E C T T E M P E S T So u r c e : Co m pa n y f ili ng s a n d W a l l St r ee t r e s e a r c h. Note: All EBITDA figures calculated on a pre - SBC basis where available. 1 Through an affiliate of BPEA Private Equity Fund VIII. 2 DXC (State & Local HHS Business) and Aricent EBITDA multiples are shown as disclosed by the respective companies and may be burdened for SBC due to lack of available information. EV / L T M Ad j. E BI T DA E nterpr i s e Value Target Acquiror Anno u n c emen t Da t e 16.8x $2,966 Perficient EǪT 1 May - 24 9.4 $2,160 Sykes Sitel Gr o u p Jun - 21 16.4 $1,993 Virtusa B a ring Pri v a te Equity Sep - 20 12.5 2 $5,000 DX C ( H H S Busine s s ) V e ri t a s Ca p ital Mar - 20 11.2 €5,078 Altran Capgemini Jun - 19 15.3 $1,989 Luxoft DXC Jan - 19 13.3 $3,586 Syntel Atos Jul - 18 10.6 2 $2,000 Aricent Altran Nov - 17 17.0 $4,603 iGate Capgemini Apr - 15 16.1 $3,402 Sapient Publicis Nov - 14 11.5x 25t h P er c e n tile 13.9x Mean 14.3x Median 16.4x 75t h P er c e n tile I A P P E N D I X 10

DRAFT – Presentation Materials are Preliminary, Confidential and Subject to Further Revisions Tempest Discounted Cash Flow Analysis – Tempest Management Plan ($ i n mi ll i o n s exc ept p er s h a r e v a l u es ) P R O J E C T T E M P E S T So u r c e : Note: Tempest Management, company filings, Wall Street research and FactSet as of 5/9/2024. DCF assumes mid - year convention and valuation date as of 3/31/2024. Adj. EBITDA burdened for restructuring charges. Effective Tax rate excludes impact of Net Operating Loss (NOL) utilization. Enterprise Value, Equity Value and Implied Share Price figures are adjusted to include the Present Value of Net Operating Losses (NOLs) ranging from $13m - $15m. Assumes acquisition of Watchful assets/talent announced 4/17/2024 is valued in line with $2.525m purchase price (including $1.25m contingent consideration; no valuation premium or discount to purchase price). D&A and Adjusted EBIT are unburdened by amortization of acquisition - related intangible assets. Tempest Management is required to burden the income statement for a level of bad debt expense that exceeds the forecasted uncollectable amount. Implied perpetual growth rate calculated based on Terminal Value and terminal year FCF excluding impact of NOLs, NOL utilization and Watchful acquisition. 1 2 3 C Y ' 28 E / T V CY2027E T e m p e s t M a n a g e m e n t P la n Ǫ4 CY'24E CY2025E CY2026E Ǫ 3 C Y ' 24 E Ǫ 2 C Y ' 24 E Actuals C Y 2023 A Ǫ 1 C Y ' 24 A $380 $307 $235 $155 $31 $32 $18 $5 $93 A d j u s t e d E B I T D A 19% 18% 17% 13% 12% 12% 7% 2% 8% % M a r g i n (43) (36) (30) (25) (5) (5) (5) (3) (22) D e p r ec i a t i o n & A m o r t i z a t i o n 1 (70) (59) (49) (46) (13) (11) (11) (11) (65) S t o c k - B a s e d C o m p e n s a t i o n $267 $213 $157 $84 $13 $16 $2 ($9) $6 A d j u s t e d E B I T 1 13% 13% 11% 7% 5% 6% 1% (4%) 1% % M a r g i n (76) (67) (56) (50) (27) (18) 1 (0) Taxes 29% 31% 36% 59% 203% 111% (63%) (0%) % E ff ec t i v e T a x R a t e $190 $146 $100 $35 ($14) ($2) $3 ($9) NOPAT 9% 9% 7% 3% (5%) (1%) 1% (4%) % M a r g i n 43 36 30 25 5 5 5 P l u s : D e p r ec i a t i o n & A m o r t i z a t i o n 5 4 3 3 1 1 1 P l u s : B a d D e b t E x p e n s e 2 (41) (35) (30) (17) 5 7 16 L e ss : I n c r e a s e i n N W C (48) (40) (34) (28) (5) (5) (5) L e ss : C a p i t a l E x p e n d i t u r e s $149 $111 $70 $17 ($8) $6 $20 U n l e v e r e d F r e e C a s h F l o w E n t e r p r i s e V a l u e at CY2028E (NTM) Adjusted EBITDA Multiple of I m p li ed Sh a r e P r i c e ( $ ) at CY2028E (NTM) Adjusted EBITDA Multiple of PV o f F C F s Ǫ 2 ' 24E – ' 27E W A C C 12.5x 11.5x 11.0x 10.5x 9.5x $2,839 $2,625 $2,518 $2,411 $2,197 2,930 2,709 2,599 2,488 2,267 3,075 2,842 2,726 2,610 2,378 3,228 2,984 2,862 2,740 2,496 3,336 3,084 2,957 2,831 2,579 12.5x 11.5x 11.0x 10.5x 9.5x $7.49 $6.89 $6.59 $6.29 $5.68 7.75 7.13 6.82 6.50 5.88 8.15 7.50 7.17 6.85 6.19 8.59 7.90 7.56 7.21 6.53 8.89 8.18 7.82 7.47 6.76 16.5% 15.5% 14.0% 12.5% 11.5% $148 151 156 161 164 E q u i t y V a l u e at CY2028E (NTM) Adjusted EBITDA Multiple of I m p li ed P G R 3 at CY2028E (NTM) Adjusted EBITDA Multiple of W A C C 12.5x 11.5x 11.0x 10.5x 9.5x $2,615 $2,401 $2,294 $2,187 $1,973 2,706 2,485 2,375 2,264 2,043 2,851 2,618 2,502 2,386 2,154 3,004 2,760 2,638 2,516 2,272 3,112 2,860 2,733 2,607 2,355 12.5x 11.5x 11.0x 10.5x 9.5x 13.1% 12.8% 12.6% 12.5% 12.0% 12.1% 11.8% 11.7% 11.5% 11.1% 10.6% 10.4% 10.2% 10.0% 9.6% 9.2% 8.9% 8.7% 8.5% 8.1% 8.2% 7.9% 7.7% 7.6% 7.1% 16.5% 15.5% 14.0% 12.5% 11.5% I A P P E N D I X 11

DRAFT – Presentation Materials are Preliminary, Confidential and Subject to Further Revisions Tempest NOLs Discounted Cash Flow Analysis – Tempest Management Plan ($ i n mi ll i o n s ) P R O J E C T T E M P E S T So u r c e : 1 T em p e s t M a n a g e me n t . Discounted at a Cost of Equity of 14.0%, representing the midpoint of the WACC analysis Cost of Equity. I A P P E N D I X T e m p e s t M a n a g e m e n t P la n Ǫ2 2024E Ǫ3 2024E Ǫ4 2024E CY2025E CY2026E CY2027E CY2028E CY2029E+ D e p l e t i o n S c h e du l e Actuals Ǫ 1 2024 A G r o s s T a x E ff ec t e d N O L B ala n c e C o r p o r a t e En t i t y T a x R a t e D e p l e t i o n B y N O L B ala n c e U . S . N O L s $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.2 0.2 0.2 0.3 0.1 0.1 0.1 0.5 0.5 0.5 0.5 1.1 TWUSA 4.4% 31 - Dec - 39 $0.4 $0.0 TWUSA 6.0% 31 - Dec - 29 0.4 0.0 TWUSA 9.8% 31 - Dec - 34 0.0 0.0 TWUSA 7.9% 31 - Dec - 39 0.2 0.0 TRACǪ 21.0% 31 - Dec - 30 5.0 1.0 TRHLD 21.0% 31 - Dec - 30 17.6 3.7 $0.2 $0.2 $0.2 $0.7 $0.7 $0.7 $0.7 $1.4 Total US $23.6 $4.8 N on - U . S . N O L s $0.1 $0.1 $0.1 $0.3 $0.3 - - - 0.2 0.2 0.2 0.6 0.6 0.6 0.6 6.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.3 0.1 0.1 0.1 0.5 0.5 0.5 0.5 - 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.4 0.1 0.1 0.1 0.4 0.4 0.4 0.4 - 0.0 0.0 0.0 0.1 0.1 - - - 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.0 0.0 0.0 0.1 0.1 0.1 0.1 - 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 - 0.0 0.0 0.0 0.0 0.0 0.0 0.0 - 0.0 0.0 0.0 0.1 0.1 0.1 0.1 - 0.0 0.0 0.0 0.0 0.0 0.0 0.0 - TWAUI 30.0% 31 - Dec - 26 $2.7 $0.8 TWBRA 34.0% 31 - Dec - 38 27.8 9.4 TWBRZ 34.0% 31 - Dec - 38 1.4 0.5 TWCAD 26.5% 31 - Dec - 28 8.8 2.3 TWFIN 20.0% 31 - Dec - 31 4.6 0.9 TWDEU 17.5% 31 - Dec - 28 11.9 2.1 TWDEU 15.8% 31 - Dec - 26 1.1 0.2 TWHKG 16.5% 31 - Dec - 34 1.9 0.3 TWITA 27.9% 31 - Dec - 28 1.1 0.3 TWNET 25.8% 31 - Dec - 34 5.9 1.5 TWNZL 28.0% 31 - Dec - 28 0.1 0.0 TWSWI 19.7% 31 - Dec - 28 0.1 0.0 UKHLD 25.0% 31 - Dec - 28 2.7 0.7 TWVNM 20.0% 31 - Dec - 28 0.9 0.2 $0.6 $0.6 $0.6 $2.5 $2.5 $2.1 $2.1 $8.1 Total Non - US $70.7 $19.2 $0.8 $0.8 $0.8 $3.2 $3.2 $2.8 $2.8 $9.5 Total $94.3 $24.0 D i s c o unt f a c t o r 1 D i s c o un t e d C a s h F l o w B e n e f i t 1 . 0 0 . 8 1 . 0 0 . 8 0 . 9 0 . 7 0 . 8 2 . 7 0 . 7 2 . 4 0 . 7 1 . 9 0 . 6 1 . 6 3 . 2 PV of NOLs as of March 31, 2024 1 $14.1 W A C C Implied C o s t o f E q u i t y Implied PV o f N O L s $13.1 16.5% 16.5% 13.5 15.5% 15.5% 14.1 14.0% 14.0% 14.8 12.5% 12.5% 15.2 11.5% 11.5% 12

DRAFT – Presentation Materials are Preliminary, Confidential and Subject to Further Revisions Temp e st W A CC A nalysis ($ i n b i ll i o n s ) P R O J E C T T E M P E S T Source: Kroll, company filings, Wall Street research and FactSet as of 5/9/2024. Note: Bloomberg Global Raw Beta and Barra Predicted World Beta are both shown as of 4/30/2024. 1 Based on Tempest’s current price of $2.97 (as of 5/9/2024). 2 Levered Beta = Unlevered Beta x [1 + (1 - Tax Rate)(Net Debt/Equity)]. 3 Represents 10 - Year Government Bond Yields weighted by Country revenue exposure. 4 Historical long - term equity risk premium (7.17%): large company stock total returns minus long - term government bond income returns. (Source: Kroll December 2023). 5 Low end of range: Kroll recommended equity risk premium (5.50%) as of February 2024; high end of range: historical long - term equity risk premium (7.17%) as of December 2023. (Source: Kroll). 6 Cost of Equity = (Risk Free Rate of Return) + (Levered Beta)(Equity Risk Premium). 7 Weighted Average Cost of Capital = (Post - Tax Cost of Debt)(Net Debt/Cap) + (Cost of Equity)(Equity/Cap). d i c t e d B e t a B a rr a P r e i s t o r i c a l B e t a B l oo m b e r g H C a p i t a l S t r u c t u r e Unlevered Levered Unlevered Levered Ne t D e b t / Ne t D e b t / Market Beta Beta 2 Beta Beta 2 Equity Cap. Value Company 1.74 1.49 1.24 1.06 (19%) (23%) $10.8 E P A M S y s t e m s 1.52 1.52 0.84 0.84 0% 0% 7.7 Globant 2.21 1.97 1.44 1.29 (12%) (14%) 1.9 Endava 1.08 1.07 1.10 1.09 (1%) (1%) 197.7 Accenture 1.16 1.21 0.85 0.89 6% 5% 39.4 Capgemini 1.00 0.96 1.00 0.96 (5%) (5%) 33.5 C o g n i za n t T ec h 1.10 1.11 0.89 0.91 (11%) (12%) P ee r 25 t h P e r ce n t i l e 1.34 1.35 1.05 1.01 (3%) (3%) P ee r M e d i a n 1.68 1.51 1.21 1.08 0% 0% P ee r 75 t h P e r ce n t i l e 1.74 1.52 1.24 1.06 (12%) (14%) D i g i t a l I T S e r v i ce s M e d i a n 1.08 1.07 1.00 0.96 (1%) (1%) D i v e r s i f i e d I T S e r v i ce s M e d i a n Tempest $1.0 1 18% 1 22% 1 1.22 1.05 1.72 1.49 WACC I m p l i e d W A C C I m p l i e d C o s t o f E qu i t y S e n s i t i v i t y R a n g e A ss u m p t i o n s L o w H i g h L o w H i g h L o w H i g h 16.5% 11.5% 16.5% 11.5% 1.70 1.00 1.49 U n l e v e r e d B e t a 14.8% 15.3% 16.3% 14.0% 15.0% (15.0%) 0.0% T a r g e t Ne t D e b t / C a p i t al i za t i o n 0.0% T a r g e t Ne t D e b t / E qu i t y 1.0 L e v e r i n g F a c t o r 1.49 L e v e r e d B e t a 2 28.6% T a x R a t e 15.0% 12.5% 15.0% 12.5% 7.17% 5 5 . 50 % 5 4.35% 7.17% R i s k - F r e e R a t e o f R e t u r n 3 E qu i t y R i s k P r e m i u m 4 15.0% C o s t o f E qu i t y 6 8.0% P r e - T a x C o s t o f D e b t 5.7% P o s t - T a x C o s t o f D e b t 15.0% WACC 7 I A P P E N D I X 13

DRAFT – Presentation Materials are Preliminary, Confidential and Subject to Further Revisions Country - W eight e d Risk - Free Ra t e A n alysis P R O J E C T T E M P E S T Source: Tempest Management Plan, Trading Economics and FactSet as of 5/9/2024. 1 Yields are for 10 - year local currency government bonds as of 5/9/2024. All yields retrieved from FactSet unless otherwise noted. 2 Chile’s 10 - year government bond yield is retrieved from Trading Economics and is as of 5/9/2024. 3 Ecuador does not have an active local currency bond market – analysis applied U.S. treasury yield as a proxy as Ecuador’s economy is fully dollarized. 4 Y i e l d w e ight e d b y C Y 2024 E r e v e n u e s h a r e . Yi e l d (%) 1 CY 2024 E Rev e n u e Sha r e (%) Country 4.46% 32.6% US 2.50% 13.2% Germany 4.35% 12.0% Australia 7.13% 9.1% India 4.14% 8.2% UK 3.31% 6.8% Singapore 2.34% 5.9% China 3.62% 3.1% Canada 11.85% 2.7% Brazil 3.29% 1.7% Spain 5.95% 2 1.3% Chile 3.81% 1.2% Italy 2.77% 0.8% Thailand 4.46% 3 0.4% Ecuador 2.80% 0.4% Netherlands 3.00% 0.3% Finland 6.76% 0.2% Romania 3.96% 0.2% Hong Kong 4.74% 0.0% N e w Ze al and 0.74% 0.0% Switzerland 4.35% Country - Weighted Risk - Free Rate 4 I A P P E N D I X 14

DRAFT – Presentation Materials are Preliminary, Confidential and Subject to Further Revisions Premia in Selected Precedent Minority Transactions 1 by Controlling Shareholder ($ i n b i ll i o n s ) P R O J E C T T E M P E S T So u r c e : 1. Atl a s Bid P r o p o s a l (a s of 3 / 22 / 2024 ) , T em p e s t M a n a g e me n t a n d c o m pa n y f ili ngs . 3 . All cash, minority transactions with U . S . targets and over $ 100 m in equity consideration over the 4 . last 8 years with offers from only single acquiror . Excludes transactions in real - estate, energy, 5 . f in a n c ia l in s t it ut ions a n d oil a n d ga s i n d u s t r i e s . 6 . Based on issued and outstanding common stock, on a non - diluted basis . 2. Implied Equity Value calculated as final bid price multiplied by FDSO. Re f l e c t s un a ff e c t e d d a t e of f i r s t bi d . Re f l e c t s 1 c al e n da r mont h. Reflects unaffected date prior to bid announcement, transaction agreement or market rumors. F i n a l Bid Premiu m to Ini t ial Bid Premiu m to 1 - M onth VWAP (Unaffected) 5,6 Unaffected S h a r e P r i c e 6 Clo s i n g Sh ar e P r i c e Be f o r e Ini t ial Bid 4 Ini t ial to F i n a l Bid In cr e as e 1 - M onth VWAP (at Ini t ial Bid ) 5 Clo s i n g Sh ar e P r i c e Be f o r e Ini t ial Bid 4 I mp li e d Equity Value 3 % of Equity Ow n e d 2 Acquiror Target Date 35% 47% 47% 15% 18% 29% $2.9 83% L ight & W on d er SciPlay Aug - 23 18% 24% 60% 29% (4%) 24% 2.4 72% B D T C ap i t al Weber Dec - 22 105% 143% 93% 17% 48% 66% 0.8 75% T P G C ap i t al Convey Jun - 22 100% 96% 101% 30% 50% 55% 0.6 72% Su m i t ov a n t Biopharma Urovant Nov - 20 59% 59% 61% 13% 37% 42% 1.9 76% Ionis Ph armac euti ca ls Akcea Aug - 20 61% 50% 52% 23% 9% 24% 0.7 57% D ufr y AG Hudson Aug - 20 42% 45% 45% 12% 28% 30% 3.7 72% K Y O C ER A Co r p AVX Nov - 19 41% 29% 34% 3% 41% 30% 5.1 57% Roche Foundation Medicine Jun - 18 31% 58% 67% 2% 28% 63% 0.3 64% Inve s tor Gr oup Synutra Nov - 16 133% 101% 101% 43% 63% 41% 1.7 82% Icahn F e d e r a l - Mogul Sep - 16 13% 2% 2% Nil 13% 2% 1.8 90% Hallmark C r own M e d ia Mar - 16 33% 37% 46% 7% 15% 26% $0.8 68% 25 th Pe rc enti l e 58% 60% 60% 17% 30% 37% $2.0 73% Mean 42% 50% 60% 15% 28% 30% $1.8 72% Median 80% 78% 80% 26% 44% 48% $2.6 79% 75 th Pe rc enti l e – – – – 34% 66% $1.4 61% Tempest I A P P E N D I X 15

DRAFT – Presentation Materials are Preliminary, Confidential and Subject to Further Revisions Fina n c ial Sp o n s or A c q uiror s Al l A c q uiror s Historical Premia Paid Analysis – All - Cash Transactions (Last 5 Years) P R O J E C T T E M P E S T So u r c e : Note: F a c t S e t a s of 5 / 9 /2024. Analysis includes all technology and IT services M&A majority transactions since May - 19 with public targets and deal values greater than $500 million. Premia represent purchase price premia relative to unaffected share prices. 57% 34% 25% 7 5 t h P e rc e n t ile M ed ian 2 5 t h P e rc e n t ile 53% 34% 24% 7 5 t h P e rc e n t ile M ed ian 2 5 t h P e rc e n t ile N = 83 N = 49 I A P P E N D I X 16

DRAFT – Presentation Materials are Preliminary, Confidential and Subject to Further Revisions $153 $224 $257 $112 $92 $155 $235 $307 $380 $84 $125 Tempest Management Plan: Long Term Forecast ($ i n mi ll i o n s ) P R O J E C T T E M P E S T Source: Tempest Management Plan, Tempest Management and FactSet as of 5/9/2024. 1 Represents organic revenue growth, adjusted for contributions from acquisitions, unadjusted for foreign exchange effects. 2 Excludes stock - based compensation, associated payroll taxes and D&A. 3 Excludes stock - based compensation, associated payroll taxes and non - recurring items. CY’28E CY’27E CY’26E CY’25E CY’24E CY’23A CY’22A CY’21A CY’20A Revenue Adju s ted Gross Profit 2 Adju s ted EBITDA 3  8 % o r g ani c de c lin e in C Y’2 4 E due to on g oing m a c r o w ea k ne s s an d r eo r g - r el a te d dis r up t ion s , in c r ea s ing t o + 20 % g r o w t h b y 202 6 a s a s s umed m ar k et r ec o v e r y b r in g s dema n d ba c k to hi s t o r i c a l le v els  G r oss Ma r g ins t o r emain l o w in C Y’2 4 E due t o r ecent de c lin e s in AB R and s l o w e r - t h an - hop ed co s t cu t ting , r i s ing f r o m C Y’ 2 5 E o n w a r ds t o ~ 40 % as utiliz ati on hit s hi s t o r i c a l hi g hs an d ABR g r o w t h e x c e e ds wa g e g r o w t h  E B IT D A ma r gin s app r o x . double b y 2026 due t o G r os s Ma r g in g ain s ab o v e , S &M efficien cie s an d ~ 10 0 basis poin t s per y ear o f o th e r ( non - S &M ) ope r atin g m a r g in imp r o v e ments M g m t . Ob s e r v a ti o ns & A ss ump t ions Actuals T empe s t Man a g ement Plan I A P P E N D I X $803 $1,07 0 $1,29 6 $1,12 7 $1,03 7 $1,15 2 $1,39 6 $1 ,6 7 6 $2 ,0 0 4 $1,009 $1,080 Or g a n i c g r o w t h 1 (%) +4% +31% +19% ( 15 % ) +11% +21% +20% +20% ( 8 % ) A d j . E BI TD A Ma r g i n ( % ) 19% 21% 20% 10% 13% 17% 18% 19% 9% $337 $473 $540 $407 $370 $451 $576 $697 $828 $346 $381 A d j . G r o s s P r o f i t Ma r g i n ( % ) 42% 44% 42% 36% 39% 41% 42% 41% 36% T e m p e s t Bro k e r C on s e n s u s 17

DRAFT – Presentation Materials are Preliminary, Confidential and Subject to Further Revisions P R O J E C T T E M P E S T For Reference: Prior Preliminary Valuation Summary (Discussed on 5/8/2024) So u r c e : Note: Co m pa n y f ili ngs , W a l l St r ee t r e s e a r c h a n d F a c t S e t a s of 5 / 7 / 2024 . 1 Implied share prices based on Tempest’s balance sheet and FDSO as of 3 / 31 / 2024 . Assumes 2 acquisition of Watchful assets/talent announced 4 / 17 / 2024 is valued in line with $ 2 . 525 m 3 purchase price (including $ 1 . 25 m contingent consideration ; no valuation premium or discount t o p u r c h a s e p r i c e ) . A s of 3 / 31 / 2024. Applied to Tempest current/unaffected price (5/7/2024). Represents controlling shareholder final bid premia to unaffected share price prior to offer announcement or market rumors for minority stakes in public companies. ($ in billions except per share values unless otherwise stated) I n put I mpl i e d S har e P ric e ($) I mpl i e d E V Co mm e n t ary Public C o m para bl e s E V / CY 2024E Ad ju s t e d EBITDA $92m $0. 9 – $1. 4  Based on EV/CY2024E Adjusted EBITDA multiples of global peers  Low: 10.0x (25 th percentile of global peers: 10.0x)  High: 15.5x (75 th percentile of global peers: 15.3x) E V / CY 2025E Ad ju s t e d EBITDA $155m $1. 3 – $2. 1  Based on EV/CY2025E Adjusted EBITDA multiples of global peers   Low: 8.5x (25 th percentile of global peers: 8.5x) High: 13.5x (75 th percentile of global peers: 13.5x) Precedent Tran s ac t io n s E V / L TM Ad ju s t e d EBITDA $83m 1 $0. 8 – $1. 4  Based on EV/LTM Adjusted EBITDA multiples of precedent comparable IT services transactions  L o w: 9 . 5 x ( Site l Gr o up/ S y k e s : 9 . 4x)  Hi gh : 17. 0 x (Ca p g e mini / iGat e : 17. 0x) D CF Tempest M anag e me n t Plan 5 - y e ar Plan $2. 3 – $4. 1  B as e d o n T e mpe s t M anag e me nt P l an  WACC o f 11. 5 % – 16. 5% , T e rmin a l V a l ue mu l t ipl e o f 10. 0 x – 15.5 x NTM Ad ju s t e d E B I T D A For R e f e ren c e Only E V / CY 2024E Ad j. E B I T D A (Consensus) $83m $0. 8 – $1. 3  Based on EV/CY2024E Adjusted EBITDA multiples of global peers (10 . 0 x t o 15. 5 x as abo v e ) E V / CY 2025E Adj. EB I T D A (Consensus) $125m $1 . 1 – $1 . 7  Based on EV/CY2025E Adjusted EBITDA multiples of global peers (8 .5 x t o 13. 5 x as ab o v e ) 52 - W ee k Trading Range $2.2 5 t o $8.24 $1. 0 – $3. 1  52 - W ee k Hi g h c l o s e o f $8.2 4 o n 5/ 31/ 23  52 - W ee k L o w c l o s e o f $2.2 5 o n 5/3/ 24 A n al yst Price Ta rg e t s $3.0 0 t o $6.00 $1. 2 – $2. 3   W e dbu s h S e c uritie s (4/ 12/ 24) : P ric e t arge t o f $6. 00 TD C o wen (5/ 7/ 24) : P ric e t arge t o f $3.00 Minority S quee z e - Outs Premia 37 % t o 78% $1. 7 – $2. 1  Based on premia paid in selected precedent minority transactions b y C o ntr o ll i n g S h t a h reh o l der  Low: 37% (25 percentile); High: 78% (75 percentile) th 2 , 3 T e c h an d I T Services Premia 25 % t o 57% $1. 5 – $1. 9  Based on premia paid by Financial Sponsor acquirors in all - cash  t e c h an d I T s e rvi c t h e s maj o rit y t ran s ac t io n s Low: 25% (25 percentile); High: 57% (75 percentile) th 2 $1.80 $2.48 $2.25 $3.00 $4.14 $3.12 $4.25 $8.24 $6.00 $5.38 $3.78 $4.74 $ 3 . 0 2 - C u rr e n t ( 5 / 7 / 2 4 ) $ 4 . 0 0 – A t l a s O f f e r ( 3 / 2 2 / 2 4 ) $2.06 $3.20 $1.69 $5.99 $3.50 $5.40 $3.49 $11.02 I A P P E N D I X 18